Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
109 Highland Ave Sw
Roanoke, VA 24016

Crch Employees Credit Union is headquartered in Roanoke and is the 125th largest credit union in the state of Virginia. It is also the 5,325th largest credit union in the nation. It was established in 1976 and as of March of 2014, it had grown to 2 employees and 841 members. Crch Employees Credit Union has a C- health rating.

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q1 2014

Institution Health

C-
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Crch Employees Credit Union has a very low asset base.

Texas Ratio

GRADE:
C

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Crch Employees Credit Union had $222,000 in non-current loans and owned real-estate with $627,000 in equity and loan loss allowances on hand to cover it. This gives Crch Employees Credit Union a Texas Ratio of 35.41% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Crch Employees Credit Union increased slightly from 26.09% as of March 31, 2013 to 35.41% as of March 31, 2014, resulting in a negative change of 35.73%. This indicates that the balance sheet and financial strength for Crch Employees Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
D

In the past year, Crch Employees Credit Union has decreased its total deposits by $-277,000, resulting in -6.15% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Crch Employees Credit Union has shown is below average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Crch Employees Credit Union has $4.76 million in assets with $627,000 in equity, resulting in a capitalization level of 13.16%, which is excellent.

Institution Statistics

Overall
NCUA #22322
Year Chartered1976
Employees2
Primary Regulator
Assets and Liabilities
Assets$4.76 million
Loans$2.99 million
Deposits$4.22 million
Equity Capital$495,000
Loan Loss Allowance$132,000
Unbacked Noncurrent Loans$222,000
Real Estate Owned$0
Historic Data - March 2013
Assets$4.96 million
Equity Capital$436,000
Loan Loss Allowance$139,000
Unbacked Noncurrent Loans$222,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin2.18%
Return on Assets1.76%
Return on Equity16.97%
Interest Income$71,000
Rates

Sorry, we do not have rate data for Crch Employees Credit Union

Locations


Crch Employees Credit Union Locations
Branch Office109 Highland Ave SWRoanoke, VA 24016-4413